Renovated Two-Family
25 Main St, Ashburnham, MA 01430
For Sale
$614,000
A one-bedroom unit above the garage has a full kitchen, separate utilities, and private entrances.
Property Size2,404 SF
Lot Size0.31 Acres
Price / SF$255.41
Days on Market29
Property Features for 25 Main St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Road Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
laundry room
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Coldwell Banker Realty - Leominster
(978) 840-4014
Listed By:
Ivana Bellorado
(978) 944-8838
Source:
Churchillprop
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 4:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Leominster
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Investment Insights
Based on property information with market context.
Recorded as a legal two-family residence, this renovated property contains 2,404 square feet on a 0.31-acre corner lot. The main dwelling has three bedrooms, 1.5 baths, hardwood floors on the first floor, and a kitchen with stainless steel appliances, stone countertops, and propane cooking. A first-floor bonus room adds flexible interior space.
Above the two-car garage, the second unit includes one bedroom, one bathroom, a full kitchen, a seating area, and a large closet. It has two private entrances and separate electricity, propane heat, and hot water. A shared laundry room has hookups for two washers and two dryers, with separate entrances serving both units. The property is zoned VC.
Above the two-car garage, the second unit includes one bedroom, one bathroom, a full kitchen, a seating area, and a large closet. It has two private entrances and separate electricity, propane heat, and hot water. A shared laundry room has hookups for two washers and two dryers, with separate entrances serving both units. The property is zoned VC.
Key Highlights
- Recorded as a legal two‑family home
- 2,404 square feet on a 0.31‑acre corner lot
- Main residence has 3 bedrooms, 1.5 baths, and a first‑floor bonus room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,496
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,920
$649.9K
Cap Rate 7%
$464,229
$464.2K
Cap Rate 9%
$361,067
$361.1K
Market Conditions
NOI Build-Up for 2,404 SF
Gross rent
$47.6K $19.80/SF
− Vacancy
−$1.2K −$0.49/SF
EGI
$46.4K $19.31/SF
− OpEx
−$13.9K −$5.79/SF
NOI
$32.5K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,920
Cap Rate 7%
$464,229
Cap Rate 9%
$361,067
Alternative Uses
Best Use
Multifamily LT 5
$464.2K
$406.2K – $541.6K
NOI $32,496 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$404.0K
$353.5K – $471.4K
NOI $28,281 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$820.9K
$718.3K – $957.8K
NOI $57,465 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
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Business Placement
Demographics for 01430, MA
6,303
Population
2,892
Households
2.2
Avg Household Size
43
Median Age
41%
College-Educated
95%
High-School Grad
36.7 sq mi
ZIP Area
172
Density / Sq Mi
$115,146
Median Household Income
$54,864
Median Earnings
$369,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Worcester County, MA
Properties on Market for Duplexes in Worcester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A one-bedroom unit above the garage has a full kitchen, separate utilities, and private entrances.
Where is this duplex located?
The property is located at 25 Main St Ashburnham, MA.
What is the asking price?
The asking price for this property is $614,000.
What are key features of this property?
This property features: Recorded as a legal two‑family home; 2,404 square feet on a 0.31‑acre corner lot; Main residence has 3 bedrooms, 1.5 baths, and a first‑floor bonus room
